Ian McKendry

WASHINGTON – The Federal Deposit Insurance Corp. announced that its board will meet Thursday to discuss a plan to increase the required ratio of federal reserves to insured deposits.

Bankers are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

Financial instituitons are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

Outside experts have been left wondering what kinds of controls firms that offer daily fantasy sports contests are putting in place to prevent them from becoming money laundering hubs — and how careful banks should be when doing business with them.

The Federal Deposit Insurance Corp. has a new Chief Information Officer.

The New York State Department of Financial Services gave a third virtual currency company the green light to begin operations in the state.

The New York State Department of Financial Services on Monday gave a third virtual currency company the green light to begin operations in the state.

A bank failure in Georgia and then another in Washington state late Friday were estimated to cost the Federal Deposit Insurance Corp. nearly $25 million.

Compared with other recent breaches, the theft of 6,400 user email addresses and passwords on the American Bankers Association's website might seem like small potatoes. But experts said the attack — the first in the association's history — was still significant and could have implications for banks.

A new survey reveals a wish-list for anti-money laundering specialists to help ease their process of assessing customer risk, a major concern as mobile technology and virtual currency play a larger role in the payments market.